G fund

[skycophigh]

Morning all, how does one find out the "G" fund rate for each month?????? I understand how they arrive at the rate but never can find it posted anywhere, any help????

 

[Buffalo_Nickle]

Hello, try the homepage of this site at bottom, usually updated current values of all Fund's

 

[Boghie]

I'm not exactly certain where you find it on the new website, but it is the same interest rate as a loan from TSP.

If you go to TSP.gov and can locate the interest rate of a TSP loan then you have it.

I think Skycophigh is pointing you to a part of this website that documents the G-Fund interest rate as well.

Just checked TSP website:

1. Select 'Savings & Retirement' from top menu bar
2. Under 'Savings Plan' you will see a link to TSP Loans.

The loan rate is 3.12%. That is the G-Fund return

 

[skycophigh]

thanks!!

 

[skycophigh]

Boghie, followed your instructions and still came up empty, maybe September loan rate isn't out yet. I will keep looking, thanks again.

 

[tsptalk]

I found this, but I'm not sure how current it is: https://www.tsp.gov/news-and-resources/

 

[J-Trader]

So, I heard the US Treasury is using our G-fund money as their own personal piggy bank again. Is that accurate?

Just in case my source was correct, I moved all my money out of the G. I know it opens me up to more risk and losses (given the unfriendly Fed posture) but I don't care, I'm doing it out of principle. Our retirement accounts shouldn't be used to pay our debt! What if everyone removed their money from G.... :suspicious:

 

[Boghie]

So, I heard the US Treasury is using our G-fund money as their own personal piggy bank again. Is that accurate?

Just in case my source was correct, I moved all my money out of the G. I know it opens me up to more risk and losses (given the unfriendly Fed posture) but I don't care, I'm doing it out of principle. Our retirement accounts shouldn't be used to pay our debt! What if everyone removed their money from G.... :suspicious:

When you hear the term 'extraordinary measures' emanating from some Treasury Spokeshole it means that they are borrowing from G-Fund assets. They can do this because the assets in the G-Fund are purely Social Security Bonds and the Treasury can 'borrow' against Social Security Bonds. Just to keep you smiling, your FERS Pension assets are Social Security Bonds as well. Super secure. Really. No issue. Nothing to see here, move along.

Fun for the whole family.

I might follow you out of the G-Fund for the same reason. It might be funny to see how the gubmint reacts to having no bonds to 'borrow' against. I know that will never happen, but it would put a smile on my face. Oh, how the overpromising politicians would look. It will suddenly be your patriotic duty to let the Treasury take your mullah.